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Hasta La Vista, Hollywood Jobs

- June 27, 2013

Obama Is Recruiting Hollywood To Pitch ObamaCare

The Obama White House Is Recruiting Hollywood To Promote ObamaCare. "The White House is working to recruit Hollywood celebrities to help promote ObamaCare, a top celebrity political adviser told The Hill." (Elise Viebeck, "White House Recruiting Hollywood Stars For ObamaCare," The Hill's Health Watch , 6/25/13)

But, ObamaCare Is Turning Into Another Box Office Bust For Film Crews

ObamaCare Is Causing Concern For Hollywood Production Companies As They Struggle To Weigh The Law's Effects. "As payroll companies struggle to predict the impact of new laws on movie and TV shoots, one insider says the act 'wasn't written with this industry in mind.'" (Paul Bond, "ObamaCare Hits Hollywood: Studios Brace For The Affordable Care Act," Hollywood Reporter, 6/26/13)

  • President And CEO Of Cast & Crew Entertainment Services: ObamaCare Is "A Morass Of Regulations And Requirements." "'It's a morass of regulations and requirements, and everyone's trying to figure out what their exposure is,' says Eric Belcher, president and CEO of Cast & Crew Entertainment Services." (Paul Bond, "ObamaCare Hits Hollywood: Studios Brace For The Affordable Care Act," Hollywood Reporter, 6/26/13)
     
  • CEO Of Entertainment Partners: ObamaCare Is "A Very Big Deal" To Production Companies. "Adds Mark Goldstein, CEO of Entertainment Partners, which has held 16 seminars to help studios understand ACA: 'It's going to be a very big deal.'" (Paul Bond, "ObamaCare Hits Hollywood: Studios Brace For The Affordable Care Act," Hollywood Reporter, 6/26/13)

ObamaCare May Force Productions To Be Shot In Foreign Countries, Costing American Jobs. "One of the unintended consequences, say some industry insiders, is that it could lead to productions running to foreign countries, given that ACA doesn't apply to U.S. citizens working abroad." (Paul Bond, "ObamaCare Hits Hollywood: Studios Brace For The Affordable Care Act," Hollywood Reporter, 6/26/13)

Companies Will Be Forced To Wrap Productions Within 90 Days To Comply With ObamaCare, Resulting In Lost Wages For Employees. "Some also say the number of production days in the U.S. are likely to be cut due to ACA because there's a 90-day waiting period before productions must either pay a penalty or offer health insurance to full-time workers. That rule provides big incentives for a production to wrap in less than three months." (Paul Bond, "ObamaCare Hits Hollywood: Studios Brace For The Affordable Care Act," Hollywood Reporter, 6/26/13)

Administrative Costs Are Expected To Rise And Production Companies Will Be On The Hook For The Extra Costs Associated With Health Coverage And ObamaCare's Penalties. "Payroll can represent as much as 45 percent of a production's cost, and payroll-services companies are still crunching the numbers to figure out how much ACA could add to the budget of a typical production. While the administrative costs might rise a bit for the payroll companies, the costs of extra health coverage or penalties fall to the production companies." (Paul Bond, "ObamaCare Hits Hollywood: Studios Brace For The Affordable Care Act," Hollywood Reporter, 6/26/13)

  • CEO Of Ease Entertainment Services Expects The Costs Of Business To Go Up. "'Do I expect the cost of doing business to go up? Yes, I do,' says Mike Rose, CEO of Ease Entertainment Services." (Paul Bond, "ObamaCare Hits Hollywood: Studios Brace For The Affordable Care Act," Hollywood Reporter, 6/26/13)

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